Commercial Land with Improvements in Río Abajo
A commercial development opportunity in Río Abajo
Río Abajo, Panamá
Active
$245,000
USD$1,844 / m²
- 763.05 m²Lot area
Overview
Set in Río Abajo, this 763.05 m² parcel pairs substantial land area with 132.85 m² of existing construction. Offered at $245,000, it brings together a defined site and improvements for buyers considering a commercial or mixed-use project in Panama City. The property is described with potential for a warehouse, offices, or a residential building with commercial premises on the ground floor. Its existing construction dates to 1946. The available details do not specify the layout or condition of the improvements, so the opportunity is best assessed alongside a site visit and confirmation of the intended project requirements. Río Abajo is within Panama City, giving this parcel an urban setting for a buyer evaluating commercial use or redevelopment. The asking price works out to approximately $321.08 per square metre of land, calculated from the $245,000 price and 763.05 m² lot area. Explore whether this Río Abajo property fits your plans and request more information about the site and its development requirements.
In Short
This Río Abajo property is a 763.05 m² land parcel with 132.85 m² of existing construction, built in 1946, offered for sale at $245,000. Potential concepts include a warehouse, offices, or a residential building with commercial premises on the ground floor.
Before You Decide
- The parcel combines 763.05 m² of land with 132.85 m² of existing construction.
- The stated potential concepts range from a warehouse or offices to residential development with ground-floor commercial space.
- Confirm zoning, permitted uses, title, utilities, and development parameters before evaluating a project.
Highlights
- 763.05 m² of land in Río Abajo
- 132.85 m² of existing construction
- Asking price: $245,000
- Approximately $321.08 per m² of land
- Potential concepts include a warehouse or offices
- Residential development with ground-floor commercial premises is another concept
- Existing construction dates to 1946
- Located in Río Abajo, Panama City
At a Glance
- Status
- Available
- Asking price
- $245,000
- Price per m² of land
- $321.08
- Land area
- 763.05 m²
- Construction area
- 132.85 m²
- Year built
- 1946
- Property type
- Commercial land with improvements
- Neighborhood
- Río Abajo
- City
- Panama City
- Listing ID
- CNV-PROP-002444
Key Facts
- Category
- Land
- Unit type
- Land Lot
- New or resale
- Resale
- Listed
- 2 July 2026
- Last updated
- 4 October 2026
Gallery
1 photographs of this residence.
Explore Titled lot
Take a closer look before you travel.
No video on file for this unit yet. We can walk you through it live over WhatsApp — most buyers outside Panama start that way.
Features & Finishes
Layout
- Total
- 133 m² · 1,430 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $245,000
- Price per m²
- $1,844 / m²
- Cash to close (est.)
- $73,500at 30% down
Mortgage Estimate
- Down payment
- 30% · $73,500
- Loan amount
- $171,500
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$1,056
Principal and interest only
An illustration, not an offer. Panamanian banks lend up to about 70% to residents and 50–60% to non-residents; your rate depends on the bank, the term and your file.
Monthly Carrying Cost
HOA$0
Property tax$0
Insurance$0
Total, before mortgage:$0 / month
If you let it out
How It Compares
- The asking price is approximately $321.08 per m² of land, calculated using the $245,000 sale price and 763.05 m² land area.
- The property includes 132.85 m² of recorded construction in addition to the 763.05 m² parcel.
Value Comparison
Asking price per m², against the building, the sector and the country.
Titled lot$1,844 / m²
Río Abajo average$1,001 / m²
Panama average$4,306 / m²
Asking 84% above the Río Abajo average — worth understanding what justifies it before you offer.
Investment Case
A 763.05 m² Río Abajo parcel with 132.85 m² of existing construction, offered for $245,000. Potential concepts include warehouse, office, or residential development with ground-floor commercial space; permitted use requires confirmation.
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
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- Days on market
The land and existing improvements may suit commercial or mixed-use concepts, subject to confirming zoning, permitted uses, and required approvals.
Price History
- Listed · July 2026$245,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Río Abajo
Río Abajo, Panamá
Commercial land for sale in Río Abajo
Río Abajo, Panamá
Positions are schematic, spaced by travel distance.
Get directionsRío Abajo on Casanova today
- Active sale listings
- 34
- Active rentals
- 0
- Median asking price per m²
- $779
Getting Around
Río Abajo, Panamá, Panamá · —
Address shown to neighborhood precision for the owner's privacy. The exact address is shared when a viewing is confirmed.
Frequently Asked Questions
What is the asking price for the Río Abajo property?
The asking price is $245,000.
How large is the land and its existing construction?
The land measures 763.05 m² and the existing construction area is 132.85 m².
What development concepts are presented for the property?
Potential concepts include a warehouse, offices, or a residential building with commercial premises on the ground floor.
Where is the property located?
The property is in Río Abajo, Panama City, Panama.
What uses are proposed for the property?
Potential concepts include a warehouse, offices, or a residential building with commercial premises on the ground floor.
Similar Properties
Same market, comparable size and price.
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Interested in Commercial Land with Improvements in Río Abajo?
Speak to our team — viewings in person or by video, usually within 48 hours.